Home » advice » lifestyle » Currently Reading:

Moving, Taxes, and Freelance Writing

January 24, 2009 advice, lifestyle No Comments

moving-truckQuite frankly, moving sucks. It sucks even more for a freelance writer who–I’m talking about ME here–stupidly schedules a move both in the ass end of winter in Chicago AND before tax time. This guarantees that all my vital paperwork will go missing until I have to file an extension with the IRS.

The upside is, in my case, I get a nicer office, a great place to spend the majority of my day, and a sunny front room where I can go to take a break from it all and take in some sunshine before going back to the salt mines.

Here’s the advice every single writer dispenses once they’ve screwed themselves by moving without thinking ahead: Pack all your vital papers, put them aside and keep them close. Don’t let anyone take them out of your sight. You’ll want to drink a bottle of sulphuric acid later if you lose ‘em.

Now here’s the advice you WON’T get–the EXCLUSIVE good insider dirt you come to expect from Freelance-Zone.com. Ready?

Let’s face it, movers aren’t always the most graceful human beings on the planet. If they were, they’d be dancing in the Bolshoi, wouldn’t they? Ever see a ballerina hoisted into the air by one of those guys in tights? Don’t snicker at the funny getup, he’s as strong as a frickin’ OX. If he were a klutz, he’ d probably be…you guessed it…moving furniture.

So what happens when you entrust all your home office gear to the guys in the boiler suits? Well, you could find yourself on the receiving end of some damaged goods. Everybody makes mistakes, drops things, drinks from the wrong bottle, whatever.

Here’s the rub. The moving company is usually not liable for damage to computers or items with working parts when it comes to the inner workings of those moving parts. Unless there’s a big smashed display to point to and say “You broke it!” you are out of luck. So what is a poor freelancer to do?

You have two choices. You can either move the sensitive stuff yourself, or you can ask your tax preparer about writing off broken equipment and the replacements you purchase. Restaurants have a breakage column, why not freelancers? But ASK-don’t assume you can automatically write this stuff off. Tax laws change all the time and you may not get the same break you did last year or two years ago. There are plenty of websites out there with outdated information, don’t trust anything til you get it from the mouth of a tax pro.

I moved all my own equipment. There’s no way I could entrust a Mac to anybody else…

Reddit Digg Facebook Technorati Google StumbleUpon Netscape Yahoo Ask Fark ThisNext

A Writer’s Digest Best 101 Websites for Writers Site

Privacy Policy

Freelance-Zone.com uses a privacy policy similar to Google's. Read our privacy policy for more information.

Hire Us

Joe Wallace and Catherine L. Tully are currently available on a limited basis for lectures, talks, coaching and mentoring on the business and craft of freelance writing.

They also do consultant work on a per-project basis for websites, small businesses, and corporations on everything from website content to social media. Please send a detailed e-mail to editor (at) freelance-zone (dot) com and allow at least 24 hours for a reply.

Comment on this Article:







Related Articles:

How Not To Hire A Freelancer

June 17, 2010

by Joe Wallace
Oh, but that game box art makes freelancing look exciting and lively doesn’t it? And then there are days like these, where a poor freelancer looking for work has to contend with the frustration of wading through job listings like the one I’m about to show you.
Normally I direct my writing here to [...]

Reddit Digg Facebook Technorati Google StumbleUpon Netscape Yahoo Ask Fark ThisNext

The 411 on new 1099-MISC tax rules for freelancers

May 9, 2010

Freelancers are accustomed to receiving and sending 1099-MISC forms at income tax time. In 2012, when the new healthcare law kicks in, they’re also going to be required to send them to anyone who’s sold them more than $600 in goods.

Reddit Digg Facebook Technorati Google StumbleUpon Netscape Yahoo Ask Fark ThisNext

The Freelance Business Tax Break You Didn’t Know You Had

April 13, 2010

This post is sponsored by Outright — Your Livelihood, Right Now.  Getting your taxes right with free bookkeeping.
by Joe Wallace
Some bloggers and freelance writers like me who specialize in finance writing are afraid to go on the record about giving tax advice. They issue these disclaimers saying, “this is not [...]

Reddit Digg Facebook Technorati Google StumbleUpon Netscape Yahoo Ask Fark ThisNext

Making Your Freelance Business Pay…Literally

April 9, 2010

This post is sponsored by Outright — Your Livelihood, Right Now.  Getting your taxes right with free bookkeeping.
There are plenty of ways to handle your freelance income, but once you start getting out of the 30K range it might be time to start thinking seriously about structuring your cash flow more like a [...]

Reddit Digg Facebook Technorati Google StumbleUpon Netscape Yahoo Ask Fark ThisNext

The Most Important Resource You’ll Need For April 15

April 6, 2010

This post is sponsored by FiledBy – where authors can claim their free website and build their online marketing platform.
Tax time is right around the corner, and if you’re anything like us, you’re still trying to assemble your paperwork and get your financial house in order to make this year’s freelance tax [...]

Reddit Digg Facebook Technorati Google StumbleUpon Netscape Yahoo Ask Fark ThisNext